What smart money is saying about Saunders International
SND.AX
No fund has written a full thesis on Saunders International in our archive, but 2 fund letters report a position in it — most recently NAOS Asset Management Emerging Opportunities Company Limited in September 2026.
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2
Reported positions
0
Bought
0
Sold
2
Letters
Position history
Every position in Saunders International on record in the archive was reported in Q3 2026, across 2 fund letters, with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 2 | 0 | 0 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 2 positions
- HoldsNAOS Asset Management Emerging Opportunities Company LimitedSeptember 2026
“SAUNDERS INTERNATIONAL ASX: SND Saunders International (SND) has expertise in engineering and construction projects, with over 70 years of experience across Australia.”
Saunders International - HoldsNAOS Asset Management Listed Investment Companies (NAC, NCC and NSC)September 2026
“Coming out of the FY26 reporting season, our conviction in the value of our investment portfolio has only strengthened, driven in large part by the excellent earnings growth we saw from some of our largest investments such as MaxiPARTS Ltd (ASX: MXI), SomnoMed Ltd (ASX: SOM) and Comms Group Ltd (ASX: CCG). Several other investments also made significant progress, with a closer examination revealing considerably stronger underlying performance despite one-off factors weighing on their reported profits. As a result, investments such as MOVe Logistics Group Ltd (ASX/NZX: MOV), XRF Scientific Ltd (ASX: XRF), Saunders International Ltd (ASX: SND) and Big River Industries Ltd(ASX: BRI) are shaping up for significant year-on-year profit improvement in FY27. It is also worth commenting on the outlook for Firmus.”
Saunders International
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